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Insurance
Should he get comprehensive insurance for his car so that the company will compensate him by as much as he paid?
10,329Ruling on forming a cooperative fund for ‘umrah that involves drawing lots
4,790Is the death benefit or death compensation that is paid out by insurance companies or pension schemes included in the estate?
10,890Ruling on working as a middleman between people and insurance companies to make money from that and reduce premiums paid by policyholders
7,443He opened an account in the bank, and they gave him life insurance for free
9,496Ruling on participating in a social solidarity fund for a group of doctors
5,439What is the ruling on social insurance that is sponsored by the state?
Conclusion: Social insurance that is provided by the state is a kind of permissible insurance, and it is more akin to cooperative insurance. There is nothing wrong with joining it and benefitting from it, whether it is compulsory or voluntary. For more information on this topic, please see the following: Al-Ahkaam at-Taba‘iyyah li ‘Uqood at-Ta’meen by Dr Ahmad ibn Hamad al-Wanees At-Ta’meen at-Takaafuli al-Islami by Dr ‘Ali Muhyi ad-Deen al-Qurrah Daaghi Ma‘aalim at-Ta’meen al-Islami by Dr Saalih al-‘Ali and Dr Sameeh al-Hasan. And Allah knows best.31,922If someone is compelled to take out insurance, does he have the option to take out comprehensive insurance?
16,149Is it permissible to take out health insurance for a house cat because it is sick?
26,828If a person dies and his heirs receive some money from his life-insurance, is it permissible for them to keep it?
47,231